Supervisory Reporting

Credit institutions are required to report to the MFSA prudential information under the Common Reporting (COREP) framework and the Financial Reporting (FINREP) framework established under Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and the Implementing Technical Standard No 680/2014 on Supervisory Reporting, in accordance with Circulars on COREP and FINREP issued by the Authority from time to time and subject to terms and conditions as may be imposed by the Authority.

Credit institutions are required to submit COREP and FINREP data on both a solo and consolidated basis, where applicable. The links to the EBA website are for information purposes and only the templates provided below are to be used.

COREP – Own Funds and Own Funds Requirements (CA) including Leverage and IPL

Kindly refrain from using e-mail for the submission of such templates.

The following naming convention should be utilised for the COREP, FINREP and Asset Encumbrance package:

BankDesignatedCode_MonthYear_LevelOfApplication_COREP_LCRDA

BankDesignatedCode_MonthYear_LevelOfApplication_COREP_CA

BankDesignatedCode_MonthYear_LevelOfApplication_COREP_LE

BankDesignatedCode_MonthYear_LevelOfApplication_COREP_NSFR

BankDesignatedCode_MonthYear_LevelOfApplication_COREP_AMM

BankDesignatedCode_MonthYear_LevelOfApplication_FINREP_AE

BankDesignatedCode_MonthYear_LevelOfApplication_FINREP

BankDesignatedCode_MonthYear_LevelOfApplication_FP

As an example, the folder name for XYZ Bank Ltd for the reporting of Asset Encumbrance requirements for the December 2014 quarter on a solo basis should read as follows: XYZ_Dec2014_IND_FINREP_AE.

For the scope of consolidated reporting, the term IND, denoting solo reporting should be replaced with the term CON, denoting consolidated reporting.

From reference date January 2015, resubmission of revised COREP/FINREP templates should only be sent through the MFSA Web portal using the current naming convention and adding ‘_REV##’ (Note: # stands for a digit from 0 to 9). Through this process, a bank may submit the relevant revised templates and not the complete set (unless required).

As an example, the 4th revision of a number of templates within the own funds folder should read as follows: BankCode_Date_IND_COREP_CA_REV04

The Authority requires the reporting institutions not to modify in any way the naming convention of the respective files within each Folder.

All FINREP and COREP data should be submitted in actual figures (including two decimal places eg. €2,560,561.43) unless stated otherwise in the respective instructions. Additionally, all data which is required as rates, percentages or ratios must be reported using decimal notation to four decimal places (E.g. 9.31% should be reported as 0.0931).

The Authority would like to notify credit institutions which are required to report the LCR, to continue to provide the returns during the monitoring phase up to the actual implementation date (i.e. from 1st Jan 2015 to 31st October 2015).

For the time being the Authority will not be requiring institutions to submit hard copies of the respective templates. However, this may be reviewed in due course and a definite decision will be communicated by the Authority to all reporting credit institutions and branches at a later stage.

This webpage provides replies to a number of queries already raised by various stakeholders, to which the EBA has issued its guidance and clarifications. Interested parties also have the opportunity to lodge their own queries on areas which have not yet been raised or discussed by other stakeholders.